Race, Ethnicity and Wealth: Closing the Gaps

Registration is now closed for our Oct. 17 Diálogo con la Fed as we have reached maximum capacity.

Monday, Oct. 17, 2016
5:30-8 p.m.
Sheraton Hotel
250 N. Main St.
Memphis, Tenn. 38103

There are large and persistent differences in financial opportunities, choices and outcomes across the major racial and ethnic groups in the United States today. Why are financial differences so stark and what can be done about them?

At this dinner event, assistant vice president and economist Bill Emmons will discuss some possible explanations for large racial and ethnic wealth gaps, including structural and systematic factors that may exert large influences on wealth accumulation across generations.

The event is part of the St. Louis Fed’s discussion series for the public called Dialogue with the Fed: Beyond Today’s Financial Headlines (or, when aimed at a Spanish-speaking audience, as this one is, Diálogo con la Fed: Mas Allá de las Noticias Financieras de Hoy).

Emmons is the senior economic adviser at the Center for Household Financial Stability at the St. Louis Fed. His areas of focus include household balance sheets and their relationship to the broader economy.

Also speaking will be Mauricio Calvo, executive director of Latino Memphis, an assistance and advocacy organization. Both Emmons and Calvo will welcome questions and comments from the audience in English and Spanish; the program itself will be presented in English. After that, Calvo will moderate a discussion by a panel of city leaders. 

Douglas Scarboro, vice president and regional executive of the Memphis Branch of the St. Louis Fed, will host the event, which is open on a first-come, first-served basis. There is no cost to attend, but registration is required and will close Oct. 12 or as soon as all seats are filled.